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$9,498 (target)

1948 NE 7TH Terrace, Wilton Manors, FL 33305

3 beds • 3 baths • 1962 sqft

$2,039,000

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This property looks like a bad Mid-Term investment with a projected -18.39% first-year return on $446k initial cash invested.

-18.39%

Cash On Cash

2.49%

Cap Rate

0.4

DSCR

$9,498

Rent

-$6,838

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$9,498 income − $16,336 expenses = $6,838 out of pocket

Income$9,498Out of Pocket$6,838Mortgage P&I$10,689113%Property Taxes$1,64717%Insurance$7708%Management$1,14012%CapEx$3804%Vacancy$2853%Maintenance$3804%Other$1,04511%

Investment Breakdown

|

Purchase Price

$2039k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$446k

Downpayment

20%

$408k

Closing costs

1%

$20,390

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$9,498

Total Expenses

$16,336

Mortgage P&I

113%

$10,689

Property Taxes

17%

$1,647

Home Insurance

8%

$770

HOA

0%

$0

Property Management

12%

$1,140

CapEx

4%

$380

Vacancy

3%

$285

Maintenance

4%

$380

Other

11%

$1,045

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